IPO Alert: Rashi Peripherals
IPO Alert: Rashi Peripherals
IPO Alert: Rashi Peripherals
Rashi Peripherals IPO subscribed 1.09 times on day 1, with retail and non-institutional investors driving the issue.
Current GMP: 80+
Rashi Peripherals IPO price band is set at ₹295 to ₹311 per share. The minimum lot size for an application is 48 Shares. The minimum amount of investment required by retail investors is ₹14,928. Rashi Peripherals IPO opens for subscription on February 7, 2024 and closes on February 9, 2024.
Allottment Finalization: The allotment for the Rashi Peripherals IPO is expected to be finalized on Monday, February 12, 2024.
About the Company:
Incorporated in 1989, Rashi Peripherals Limited is a company that specialize in products related to ICT or Information and Communication Technology. The company has two business verticals:
- Personal computing, enterprise and cloud solutions (PES)
- Lifestyle and IT essentials (LIT) such as graphics cards, central processing units (CPUs) and motherboards; (ii) storage and memory devices; (iii) lifestyle peripherals and accessories such as keyboards, mice, webcams, monitors, wearables, casting devices, fitness trackers and gaming accessories; (iv) power devices such as UPS and inverters; and (v) networking and mobility devices.
The company's clientele includes big names like
- ASUS Global Pte. Ltd.
- Dell International Services India Private Limited
- HP India Sales Private Limited
- Lenovo India Private Limited
- Logitech Asia Pacific Limited
- NVIDIA Corporation
- Intel Americas, Inc.
- Western Digital (UK) Limited
- Schneider Electric IT Business India Private Limited
- Eaton Power Quality Private Limited
- ECS Industrial Computer Co. Ltd.
- Belkin Asia Pacific Limited
- TPV Technology India Pvt Ltd.
- LG Electronics India Private Limited
- Toshiba Electronic Components
- Taiwan Corporation
*All the provided opinions are personal. Stock Market information is provided for education purpose only. Investment in securities is subjected to market risk. read scheme related documents carefully
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